at least considering the USD, rates & the SM were going against us.
Once again though the shares failed and will continue to fail until gold starts outperforming oil and some of these other commodities. The HUI is still in this ping pong game between 240 – 260 but strangely enough NEM closed positive seems usually it leads the way down. Still, I didn’t think we’d have to re-visit 240 yet again, but here we are…
Maybe silver gave us a hint of what lies ahead?